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Question -

Prepare a double column cash book with the help of following information for December 2016:

 

 

01

Started business with cash

1,20,000

03

Cash paid into bank

50,000

05

Purchased goods from Sushmita

20,000

06

Sold goods to Dinesh and received a cheque

20,000

10

Paid to Smita cash

20,000

14

Cheque received on December 06, 2016 deposited into bank

 

18

Sold goods to Rani

12,000

20

Cartage paid in cash

500

22

Received cash from Rani

12,000

27

Commission received

5,000

30

Drew cash for personal use

2,000



Answer -

Cash book

Dr.

Cr.

Date

Receipts

L.F.

Cash

Bank

Date

Payments

L.F.

Cash

Bank

2016

2016

01 Dec

Capital

1,20,000

03 Dec

Bank

C

50,000

03 Dec

Cash

C

50,000

10 Dec

Sushmita

20,000

06 Dec

Dinesh

20,000

14 Dec

Bank

C

20,000

14 Dec

Cash

C

20,000

20 Dec

Cartage

500

22 Dec

Rani

12,000

30 Dec

Drawings

C

2,000

27 Dec

Commission

5,000

31 Dec

Balance c/d

64,500

70,000

1,57,000

70,000

1,57,000

70,000



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